Price action trading with a consolidation pattern, price compression with strong rejection from the support level. MACD showing diminished bearish momentum, expecting the breakout from the descending trendline to capture a forthcoming uptrend with a long setup
The order:
Type: buy-stop.
S/L: 78 pips - R:R | 1:2
T/P: target next resistance level
The order:
Type: buy-stop.
S/L: 78 pips - R:R | 1:2
T/P: target next resistance level
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.